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Home2023April

Month: April 2023

Biden
Crude Oil News

Biden’s Limited Options to Respond to OPEC+’s Surprise Oil Cut

April 3, 2023 Mariel Alumit

​OPEC+’s surprise move to cut 1 million barrels a day of oil production is poised to raise US fuel prices just as President Joe Biden is expected to launch his re-election campaign. He has a limited range […]

Price
Finance

Dow Jones Futures: Record Tesla Deliveries Fall Short; Oil Jumps On Surprise OPEC+ Output Cut

April 3, 2023 Mariel Alumit

Dow Jones edged higher early Monday morning, while S&P 500 and Nasdaq futures fell modestly. Crude oil prices jumped on a surprise OPEC+ output cut. Tesla deliveries also are in focus. The stock market rally […]

Crude Oil News

Oil prices surge after OPEC’s surprise output cuts

April 3, 2023 Mariel Alumit

EconomyEnergy Oil prices have surged after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in US price data […]

Crude Oil News

Anti-Russia Alliance Splinters As Japan Buys Russian Oil At Price Above Cap; Others To Follow

April 3, 2023 Mariel Alumit

Today OPEC+ woke up and chose scorched-earth war against the Fed. That’s because while the US central bank is already trapped, and is desperately looking for any excuse to halt its tightening campaign now that […]

Geopolitical

Russia to put nukes in Belarus near NATO borders, envoy says

April 3, 2023 Mariel Alumit

NewsNuclear Weapons Russia will place tactical nuclear weapons in Belarus near its ally’s borders with NATO countries, the Russian envoy to Minsk has said, in a move set to escalate tensions with the West. Russian […]

Crude Oil News

Daily Energy Standup Episode #93 De-dollarization is a result of the Biden policies, OPEC + has a direct message to Biden, and he has no response – Quaid documentary on the grid looks great – and two bankrupt power plants.

April 3, 2023 Andy Del Prado

De-dollarization is a result of the Biden policies, OPEC + has a direct message to Biden, and he has no response – Quaid documentary on the grid looks great – and two bankrupt power plants. […]

Aljazeera International

Asia’s prices are rising. In the Philippines, they’re soaring

April 3, 2023 Mariel Alumit

Manila, The Philippines – Emelie Ann Ducabo, 57, a married mother and sales worker in Metro Manila, has been forced to become an expert in pinching pennies to feed the seven members of her household. […]

Crude Oil News

OPEC+ Makes Shock Million-Barrel Cut in New Inflation Risk

April 2, 2023 Mariel Alumit

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy. It’s a significant […]

Electric Vehicles

Manchin Steps Up Clash With Biden Over Electric-Car Tax Credits

April 2, 2023 Mariel Alumit

Senator Joe Manchin stepped up his fight with the Biden administration over its implementation of the president’s signature climate bill in a way Manchin says over-emphasizes clean energy technology, turns away from fossil-fuel production and […]

Russia
Crude Oil News

Russia Extends Pledged Oil Output Cuts Through 2023, Novak Says

April 2, 2023 Mariel Alumit

​Russia has decided to keep its oil production at a reduced level through 2023 amid high volatility in the global market, said Deputy Prime Minister Alexander Novak.Russia had previously pledged to cut its crude-only output […]

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